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RIP Mr. Albrecht

August 2nd, 2010 at 07:22 am

In case someone doesn't know what Aldi is, it's a German supermarket chain that stands for "Albrecht's Discount". Considered to be the father of discount grocery stores, Aldi today span the globe with more than 4000 stores offering discount foods for all.

Anyways, I just found out that one of the founders, Theo Albrecht,

Text is has passed away a couple of days ago and Link is http://www.msnbc.msn.com/id/38448116/ns/business-world_business/
has passed away a couple of days ago. I admit I don't go to Aldi that often because of my driving distance to one, but I admire any man who has made success out of nothing through thrift. He may be gone, but his great legacy will endure, and many of us will still benefit from it.

Interestingly enough, I didn't know that Aldi also owns Trader Joe's. There's one in town as well, but I've never gone to it. I just might do that one day, just to see what that's like.

6 Responses to “RIP Mr. Albrecht”

  1. creditcardfree Says:

    Hmm...I didn't know they owned trader joe's either! Our town is going to get one of those soon, and I'm excited to check it out.

  2. dmontngrey Says:

    Weird. I heard about that guy - but the writeup was all about Trader Joe's! I didn't read the article I saw, so I'm not sure if it referenced Aldi's.

  3. Joan.of.the.Arch Says:

    I am grateful for the man's enterprise. Especially in my kid's early years, the same period when my sister and I shared shopping days, cramming 2-4 weeks worth of groceries into a Toyota Tercel along with ourselves and our kids, I think Aldi's gave both our families the ability to still buy an occasional box of crayons and new sneakers. Really, I do feel grateful.

  4. ME2 Says:

    Both Aldi and Trader Joe's seriously rock! :-)

  5. baselle Says:

    I saw the obit last week. I was fascinated by the structure of the company - 2 brothers. One took northern Germany and I think Scandanavia, the other southern Germany and later, North America. They split the company and kept on good terms, even so much that they will honor each others' coupons.

  6. Ralph Says:

    Interesting - I never knew they were the same company. I tried to go to our local Aldi's once to see what it was like, but they close early, like 7 or 8 pm or something crazy.

    I LOVE Trader Joe's, but unfortunately they are all far away from me.

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